Before investing, it is important for one to know what they expect to get from the investment. There are several devices which are used to do this. One of them is annuity tables.
They enable one to know how much returns are expected after a he invests in annuity plans. Just as the name suggest, they are in tabular form. The information they have is usually in calculation of the factor. Therefore, it is important for you to know which table you need to use. This is because, using the wrong table can lead to huge losses.
There are many types of such tables. The present value table is a good example. It provides one with the factor that can be used to know what a group of payments made in the future are valued presently. This table is used if the payments are going to be made at the end of the designated period.
Another common table that is used is present value due. It is used to obtain the factor which helps one to discern the amount of money that a group of payments made in the future, are valued today. It can only be applied if the payments are made at the start of the term.
A future value table is also commonly used. It provides the factor which is utilized, when an investor wants to know the value of his returns, after a group of payments in the future, if he or she deposits or makes payment. This factor is used in cases where the disbursements are made at the end of the term.
The other kind of annuity tables is a future value due table. It has factors that are used to determine how much deposits will be valued after several disbursements in the future. It is applied if the payments are made at the start of the term.
They enable one to know how much returns are expected after a he invests in annuity plans. Just as the name suggest, they are in tabular form. The information they have is usually in calculation of the factor. Therefore, it is important for you to know which table you need to use. This is because, using the wrong table can lead to huge losses.
There are many types of such tables. The present value table is a good example. It provides one with the factor that can be used to know what a group of payments made in the future are valued presently. This table is used if the payments are going to be made at the end of the designated period.
Another common table that is used is present value due. It is used to obtain the factor which helps one to discern the amount of money that a group of payments made in the future, are valued today. It can only be applied if the payments are made at the start of the term.
A future value table is also commonly used. It provides the factor which is utilized, when an investor wants to know the value of his returns, after a group of payments in the future, if he or she deposits or makes payment. This factor is used in cases where the disbursements are made at the end of the term.
The other kind of annuity tables is a future value due table. It has factors that are used to determine how much deposits will be valued after several disbursements in the future. It is applied if the payments are made at the start of the term.
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If you are looking for ways to improve funds available during retirement, annuity tables can help with making the right choices. You can go to our website to obtain multiple annuity quotes easily.
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